economy Circular

Looking beyond the current take-make-waste extractive industrial model, a circular economy aims to redefine growth, focusing on positive societywide benefits. It entails gradually decoupling economic activity from the consumption of finite resources, and designing waste out of the system. Underpinned by a transition to renewable energy sources, the circular model builds economic, natural, and social capital. Based on three principles:

- Design out waste and pollution

- Keep products and materials in use

- Regenerate natural systems

In a circular economy, economic activity builds and rebuilds overall system health. The concept recognises the importance of the economy needing to work effectively at all scales – for large and small businesses, for organisations and individuals, globally and locally.

Transitioning to a circular economy does not only amount to adjustments aimed at reducing the negative impacts of the linear economy. Rather, it represents a systemic shift that builds long-term resilience, generates business and economic opportunities, and provides environmental and societal benefits.

According to me, Circular Economy is a partial way but what we actually need to change is our behaviour and our mindset. Circular Economy is more about Economy than the circularity !!